What long-term trends does R's 2024 EPS reveal?

Ryder System's (R) 2024 EPS reveals several long-term trends that are worth noting:

1. Growth in EPS: The EPS for Q1 2024 was $2.14, which was above the analyst estimate of $1.71. This indicates a positive earnings trend for the company, suggesting that it is performing well financially.
2. Consistency in Performance: Ryder System has consistently exceeded EPS expectations, with EPS for Q2 2024 being $3.00, above the analyst estimate of $2.87, and EPS for Q3 2024 being $3.25, which was slightly below the previous year's $3.44 but still reflected strong performance amid challenging market conditions.
3. Challenging Market Conditions: Despite the challenges, Ryder System has shown resilience. For example, in Q3 2024, although revenue fell short of expectations and net income decreased, the company's EPS remained robust at $3.25. This suggests that the company is managing to maintain profitability despite market headwinds.
4. Revenue Trends: Ryder System's revenue has also been on an upward trend, with revenue for Q1 2024 being $3.10 billion, which was 1.24% above the analyst estimate, and revenue for Q3 2024 being $3.17 billion, representing an 8.3% increase from the previous year.

In conclusion, Ryder System's 2024 EPS indicates a company that is growing and performing well financially, despite facing some market challenges. The company's ability to exceed EPS expectations and maintain profitability suggests a strong long-term trend.